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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: RoseCampion who wrote (3378)10/28/2000 1:23:38 PM
From: Jim Willie CB   of 3951
 
understood on Implied Volatility argument, but my take is...

option side washed out two days after equity side did
but mainly on the nearby contracts
different story on distant contracts, which I hold

March JDSU 95 calls seem still ok
at U=95 on Tuesday close, mar95 was at 19
at U=81 on Wednesday 10am, mar95 was at 12
at U=80 on Friday 10am, mar95 was at 11
at U=77 on Friday close, mar95 now just under 10

I smell pessimism in nearby's tied to lower likelihood of imminent recovery
/ Jim
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